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Upturn AI SWOT - About
Hanover Bancorp Inc (HNVR)
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Upturn Advisory Summary
03/27/2025: HNVR (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit 7.24% | Avg. Invested days 38 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 156.04M USD | Price to earnings Ratio 13.05 | 1Y Target Price 27 |
Price to earnings Ratio 13.05 | 1Y Target Price 27 | ||
Volume (30-day avg) 11214 | Beta 0.02 | 52 Weeks Range 13.34 - 27.04 | Updated Date 04/2/2025 |
52 Weeks Range 13.34 - 27.04 | Updated Date 04/2/2025 | ||
Dividends yield (FY) 1.85% | Basic EPS (TTM) 1.66 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 19.44% | Operating Margin (TTM) 31.66% |
Management Effectiveness
Return on Assets (TTM) 0.54% | Return on Equity (TTM) 6.47% |
Valuation
Trailing PE 13.05 | Forward PE - | Enterprise Value 140673136 | Price to Sales(TTM) 2.46 |
Enterprise Value 140673136 | Price to Sales(TTM) 2.46 | ||
Enterprise Value to Revenue 4.42 | Enterprise Value to EBITDA - | Shares Outstanding 7200880 | Shares Floating 4393259 |
Shares Outstanding 7200880 | Shares Floating 4393259 | ||
Percent Insiders 30.94 | Percent Institutions 29.81 |
Analyst Ratings
Rating 3.5 | Target Price 25.5 | Buy 1 | Strong Buy - |
Buy 1 | Strong Buy - | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Hanover Bancorp Inc
Company Overview
History and Background
Hanover Bancorp, Inc. operates as the holding company for Hanover Community Bank, a community-oriented commercial bank providing a range of banking products and services to small and medium-sized businesses, individuals, and professionals.
Core Business Areas
- Commercial Banking: Provides commercial loans, lines of credit, and other banking services to businesses.
- Retail Banking: Offers deposit accounts, consumer loans, and other banking services to individuals and families.
- Real Estate Lending: Originates loans secured by commercial and residential real estate.
Leadership and Structure
The leadership team typically consists of a Chief Executive Officer, Chief Financial Officer, and other senior executives. The organizational structure usually includes departments for lending, operations, finance, and compliance.
Top Products and Market Share
Key Offerings
- Commercial Loans: Loans provided to businesses for working capital, expansion, and other purposes. Market share data unavailable. Competitors include regional and national banks like Bank of America, Wells Fargo, and JPMorgan Chase.
- Real Estate Loans: Loans secured by commercial and residential real estate. Market share data unavailable. Competitors include regional and national banks and mortgage lenders.
- Deposit Accounts: Checking, savings, and money market accounts. Market share data unavailable. Competitors include regional and national banks and credit unions.
Market Dynamics
Industry Overview
The banking industry is highly competitive, with ongoing consolidation and technological advancements driving change. Regulatory compliance and interest rate fluctuations also significantly impact the industry.
Positioning
Hanover Bancorp Inc. operates as a community bank, focusing on serving the needs of local businesses and individuals. It differentiates itself through personalized service and local expertise.
Total Addressable Market (TAM)
The TAM for community banking is substantial, encompassing all local businesses and individuals. Hanover Bancorp's position is regional with a focus on serving the needs of its local community, limiting its share of the overall TAM.
Upturn SWOT Analysis
Strengths
- Strong local presence
- Personalized customer service
- Experienced management team
- Community focused
Weaknesses
- Smaller size compared to larger banks
- Limited geographic reach
- Potential for higher operating costs
- Reliance on traditional banking model
Opportunities
- Expansion into new markets
- Development of new products and services
- Leveraging technology to improve efficiency
- Acquisition of smaller banks
Threats
- Increased competition from larger banks and fintech companies
- Rising interest rates
- Economic downturn
- Regulatory changes
Competitors and Market Share
Key Competitors
- BAC
- WFC
- JPM
Competitive Landscape
Hanover Bancorp Inc. faces significant competition from larger national banks and regional players. Its advantages lie in its local market knowledge and personalized service, while its disadvantages stem from its smaller size and limited resources.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historical growth trends are unknown without specific financial data.
Future Projections: Future growth projections unavailable without analyst estimates.
Recent Initiatives: Recent strategic initiatives are unavailable without further information.
Summary
Hanover Bancorp is a community bank facing stiff competition from larger institutions. Its strength is its local market focus, but its limited resources and geographic reach present challenges. To succeed, Hanover needs to capitalize on its personalized service and potentially expand through acquisitions or strategic partnerships.
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Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Market Analysis Reports
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market share data are estimates and may not be precise. Financial data is not available and is necessary for comprehensive financial analysis.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Hanover Bancorp Inc
Exchange NASDAQ | Headquaters Mineola, NY, United States | ||
IPO Launch date 2022-05-11 | CEO & Chairman Mr. Michael P. Puorro CPA | ||
Sector Financial Services | Industry Banks - Regional | Full time employees - | Website https://www.hanoverbank.com |
Full time employees - | Website https://www.hanoverbank.com | ||
Hanover Bancorp, Inc., a bank holding company for Hanover Community Bank, provides personal and business lending and deposit services to businesses, municipalities, and individuals in the New York metro area. The company offers checking, credit cards, debit cards, money market, savings, government and municipal banking, and professional services, as well as time deposits, including certificate of deposit and individual retirement accounts. It also provides business loans, commercial real estate financing, small business administration, lending directory services, and residential mortgage. In addition, the company offers cash management, online and mobile banking, merchant services, and digital solutions. Its banking offices are located in Nassau, Suffolk, Queens, Kings, New York Counties, New York, Monmouth County, Freehold, and New Jersey. The company was founded in 2008 and is headquartered in Mineola, New York.
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